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Companies / Technology / NORTECH SYSTEMS INC
NSYS

NORTECH SYSTEMS INC

TechnologyElectronic Equipment
Ticker NSYSMAPLE GROVE, MNFiscal year ends DecemberBook value per share $11.80Diluted shares 3.0M

Nortech Systems Incorporated (NASDAQ: NSYS) is a provider of engineering design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies and components. The company maintains manufacturing facilities in Maple Grove, Minnesota; Monterrey, Mexico; and Suzhou, China, serving… From the company’s description.

Fiscal year 2025 · ends 12-31Changes are against fiscal 2024The amber dot is the latest twelve months, to 2026-06-30
Sales & profitability
$118.36M
−7.6% year over year
Last 12 mo $124.65M
0.82%
+1 percentage points
Last 12 mo 2.02%
$-0.25M
+80.5% year over year
Last 12 mo $1.03M
-0.73%
+2.2 percentage points
Last 12 mo 2.91%
Cash & financing
$2.74M
+221.9% year over year
Last 12 mo $3.07M
$2.08M
+159.1% year over year
Last 12 mo $2.45M
0.23
Was 0.27× a year earlier
Last 12 mo 0.30
2.8M
+0.8% year over year
Last 12 mo 3.0M

Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.

What NORTECH SYSTEMS INC does

In the company’s own words

Nortech Systems Incorporated (NASDAQ: NSYS) is a provider of engineering design and manufacturing solutions for complex electromedical devices, electromechanical systems, assemblies and components. The company maintains manufacturing facilities in Maple Grove, Minnesota; Monterrey, Mexico; and Suzhou, China, serving original equipment manufacturers across the Medical Device, Medical Imaging, Aerospace and Defense, and Industrial markets. www.nortechsys.com

The company offers a comprehensive range of value-added engineering, technical and manufacturing services including project management, designing, testing, prototyping, manufacturing, supply chain management and post-market support. Nortech specializes in complex electromedical and electromechanical products, wire and cable assemblies, printed circuit board assemblies, higher-level assemblies and box builds. Over fifty percent of net sales are derived from medical-related markets, with one customer accounting for approximately thirty-two percent of annual revenue.

Nortech operates as a single Contract Manufacturing segment within the Electronic Manufacturing Services industry. The company strategically directs production across its global facilities based on customer requirements and operational efficiency considerations. All facilities maintain ISO certifications including ISO 9001, ISO 13485 or AS9100, with the Monterrey facility certified to AS9100:D. The Milaca operation is FDA registered, and the Suzhou operation holds National Medical Products Administration certification for class II medical devices. All U.S. locations maintain ITAR compliance to support Aerospace and Defense customers.

As of December 31, 2025, the company employed 685 full-time and 28 part-time or temporary employees, with manufacturing personnel comprising the majority of the workforce. The company's business model emphasizes transforming from transactional, price-driven services toward solution-based offerings focused on value-added customer and supplier-managed inventory solutions. Nortech pursues organic growth through operational excellence and strategic opportunities including acquisitions and joint ventures with complementary companies. The company maintains a diversified customer base and emphasizes manufacturing capabilities, quality, delivery performance, value-added engineering and geographic flexibility as competitive differentiators in its targeted markets.

Company details
Sector
Technology
Industry
Electronic Equipment
Headquarters
MAPLE GROVE, MN
Fiscal year end
December
CIK
722313
SIC
3679

Financial performance, year by year

Fiscal 2013–2025 · USD
$-16.62M$25.91M$68.44M$110.98M$153.51M2013201420152016201720182019202020212022202320242025Last 12 moLast 12 monthsLast 12 months

The full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.

Ownership

Who owns NORTECH SYSTEMS INC — and what changed

Funds as of 2026Q2 · superinvestors as of 2026-06-30

15
funds hold it
0 of 35
superinvestors hold it
$0.68M
held by funds, at market
1.6%
of shares held by funds

Largest fund holders · NORTECH SYSTEMS INC’s weight in each

VANGUARD TOTAL STOCK MARKET INDEX FUND
VTI · VANGUARD INDEX FUNDS
0.00%of fund net assets
VANGUARD EXTENDED MARKET INDEX FUND
VXF · VANGUARD INDEX FUNDS
0.00%of fund net assets
Fidelity Extended Market Index Fund
FSMAX · Fidelity Concord Street Trust
0.00%of fund net assets
iShares Micro-Cap ETF
IWC · iShares Trust
0.00%of fund net assets
U.S. Social Core Equity 2 Portfolio
DFA INVESTMENT DIMENSIONS GROUP INC
0.00%of fund net assets

Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.

Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.

Could not be determined for this company: bond issues.

Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.

Connected research

Put this business in context.

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  • “How do NORTECH SYSTEMS INC and its peers compare on margins and cash generation over ten years?”
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